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Offshore Education

Asset Protection through an Offshore Corporation Print E-mail
Asset Protection through an Offshore Company (IBC)

An offshore company (IBC) can protect assets far better than onshore asset protection trust.

In fact, an onshore trust can be easily broken by a judge for many reasons.

Onshore asset protection is pierced everyday.  Often a technicality can spell disaster, financially speaking, for the person who has secured their money onshore.

On the other hand an offshore corporation provides a secure place to keep money out of lawsuit prone hands because a judge cannot order you to provide assets you do not own.

Most offshore companies are either bearer share corporations where the ownership is totally anonymous, or they are owned by a foundation.

Legally nobody owns a foundation so it would be impossible for a judge to order the money be brought back onshore.

If you want to keep your assets secure, and protection yourself from frivolous lawsuits, you should consider incorporating offshore.

Offshore company formation is not expensive.  An offshore corporation and bank account cost less than $2000.  Well within the reach of most people looking for ways to protect their assets.

 

 
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